This post is part of a series sponsored by CoreLogic. Trajectory Shows Fewer Fires and Fewer Total Acres Burned in 2016 In 2015, the amount of area consumed by wildfires in the U.S. topped 10 million acres for the first …
This post is part of a series sponsored by CoreLogic. We have all seen the dramatic pictures of destruction and loss after a devastating flood event. Usually, the scene is depicted as a sea of water inundating broad areas of …
This post is part of a series sponsored by CoreLogic. Reconstruction cost, not market value or assessed value, is used by insurers to determine homeowner’s coverage limits and is an important factor in determining a policy’s premium. Because of the …
This post is part of a series sponsored by CoreLogic. Because the reconstruction cost to rebuild a home is generally higher than the original cost to build that same home, the topic often leads to difficult conversations between the insurance …
This post is part of a series sponsored by CoreLogic. Total Reconstruction Cost Value is More Than $1.5 Trillion Current projections for the 2016 hurricane season indicate that an average or slightly greater-than-average number of storms are expected compared with …
This post is part of a series sponsored by CoreLogic. “I’m paying $574,000 for this house, but it only needs to be insured for $225,000?” Agents often find themselves answering questions like this because consumers can be confused when it …
This post is part of a series sponsored by CoreLogic. The Importance of Accuracy and Granularity when Navigating the World of Big Data When we think about data, all we have to do is look around to see its power …
This post is part of a series sponsored by CoreLogic. A review of 2015 natural hazard events revealed an overall reduction in property damage for the year. While this does not minimize the local impact of individual events like the …
This post is part of a series sponsored by CoreLogic. Why doesn’t the carrier already have property data on this home? Is this quote accurate or will I have to go back to the homeowner with a revision? Every agent …
This post is part of a series sponsored by CoreLogic. Low-Level Hazard Activity Results in Decreased Damage and Loss Totals Looking at the big picture, 2015 was a quiet year in terms of natural hazard activity. Overall, the trend of …
